"The markets have lost confidence in the triumvirate of President Erdogan, his son-in-law as finance minister and the Turkish Central Bank's ability to act as it needs to", said Charles Robertson, global chief economist at Renaissance Capital.
"It is wrong to dare bring Turkey to its knees through threats over a pastor", Mr Erdogan told supporters. "This treatment by America of its strategic partner has annoyed us, it has upset us". "This will be my people's response to those who have waged an economic war against us".
Washington imposed the metals tariffs on national security grounds, claiming the glut of steel and aluminium harmed US companies and the economy.
"The entire Turkish public is against US policies that disregard Turkey's legitimate security demands.
We are knowledgeable with justice and law", Erdogan said in his address in the Black Sea province of Ordu on Saturday.
As the Turkish lira (TRY) plunged another 16% on August 10, beads of sweat must have been breaking out on the brows of anyone unduly exposed to the latest data on Turkey's foreign currency debts.
President Donald Trump said in a tweet Friday that he would hit Turkey with additional tariffs, as their national currency continues to drop.
Turkish officials insist the outcome of Brunson's case exclusively relies on the judiciary, a claim the United States has refused to buy in the light of Erdogan's earlier suggestions to swap him with Turkish opposition exiles residing in the US.
"We are aware that the issue is not the dollar, euro, gold. these are the bullets, cannon balls, missiles of the war started against us", said Erdogan.
GDP grows by 0.4%
The pound is now holding steady against the euro this morning as market digest the UK's latest growth figures. The United Kingdom outperformed the Eurozone, which grew by 0.3 percent last quarter.
The news comes as Erdogan warned the United States that Turkey will seek "new friends and allies" in an editorial published in the New York Times today, urging them to respect Turkish sovereignty "before it's too late". Ankara has detained Mr. Brunson for almost two years, accusing him of links to the outlawed Kurdistan Workers Party and the Gulenist movement, which Turkey blames for a failed coup in 2016.
"Unless the United States starts respecting Turkey's sovereignty and proves that it understands the dangers that our nation faces, our partnership could be in jeopardy", he wrote.
Erdogan urged Washington to give up the misguided notion that bilateral relations could be "asymmetrical" and realise that Turkey had alternatives "before it is too late".
Unilateral steps taken by the U.S. only harm its interests and security, Turkish President Recep Tayyip Erdogan said Friday in an article he wrote for The New York Times, as reported on Anadolu Agency.
Hoping to put pressure on the North Atlantic Treaty Organisation ally to free the pastor, the White House sanctioned two top Turkish government officials.
The sanctions will freeze the U.S. assets of Turkey's minister of justice, Abdulhamit Gul, and its minister of interior, Suleyman Soylu.
The lira dropped by over 11 percent in value in one day on Friday morning to almost six lira per dollar.
It is unclear how that would justify higher tariffs on Turkey but not other countries.
In addition, foreign investors are disquieted by Erdogan's authoritarian government, which seems to be pursuing imprudent and politically charged economic policies which undercut the independence of the central bank - only worsening Turkey's economic predicament.
Donc, que vous nous ayez rejoint pour la première fois dans Diablo 3 ou que vous soyez un vétéran expérimenté, merci. The Season of Greed est notre première saison à thème et nous prévoyons d'explorer d'autres thèmes à l'avenir.
He said: "We can do our job, yes, but maybe Liverpool , Arsenal, Tottenham and Chelsea can do their job better and win". Guardiola revealed on Friday that World Cup stars Kevin De Bruyne and Raheem Sterling would be available for selection.
Koepka closed with a two-shot lead over Adam Scott , with three more players at 9 under separating Koepka from Woods. This year? He ranks 120th in back-nine scoring average on the PGA Tour, and is tied for 10th over the front nine.
Shares of trade-sensitive companies also declined, including Boeing, 3M and Caterpillar, which were all down at least 1.4 percent. Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 1.47-to-1 ratio favored decliners.
Hours before the announcement, former chief justice Mahfud MD touted himself as the Widodo's vice-presidential candidate . The Indonesian Institute of Sciences (LIPI) last month said that Jokowi's electability remains as high as 58.2 percent.
The unmanned Parker Solar Probe aims to get closer than any human-made object in history to the center of our solar system. A Delta-IV heavy rocket carrying the probe took off from Cape Canaveral, Florida at around 07.31 GMT on Sunday morning.
25 million year-old shark teeth discovered
That cartilage does not easily decompose, which is why individual shark tooth fossils are somewhat common. Erich Fitzgerald, senior curator of Vertebrate Palaeontology at Museums Victoria, said in a statement.
Egypt: Defrocked monk charged with killing Coptic bishop
Following the death of the bishop, the church announced a series of restrictive measures related to the activities of the monks. Wael Saad, who as a monk was known as Isaiah al-Makari, was stripped of his religious title following the bishop's death.